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SEGMENT REPORTING | 6 Months Ended
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Jun. 30, 2026
Segment Reporting [Abstract] |
SEGMENT REPORTING | 9. SEGMENT REPORTING The Company reports segment information based on the management approach which designates the internal reporting used by the Chief Operating Decision Maker, which is the Company’s Chief Executive Officer, for making decisions and assessing performance as the source of the Company’s reportable segments. The Company operates as a onesingle reportable segment, originating, servicing, and managing short-term secured commercial loans to real estate investors. Management evaluates performance on a consolidated basis, as all loans share similar risk profiles, underwriting standards, and operational processes. Key performance metrics include interest income, origination fees, loan performance, and operating expenses. Significant expenses reviewed by management include interest and amortization of deferred financing costs and general and administrative expenses, which remain consistent across loan types. There are no material differences between segment-level information and consolidated financial reporting. The Company will continue to evaluate its segment reporting disclosures and make adjustments if there are material changes in business operations or financial reporting requirements. Net income from the Company’s reportable segment is as follows: SCHEDULE OF NET INCOME FROM THE COMPANY’S REPORTABLE SEGMENT
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
|  | (Unaudited) |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2026 |  |  | 2025 |  |  | 2026 |  |  | 2025 |
Lending revenue: |  | $ | 2,045,203 |  |  | $ | 2,355,236 |  |  | $ | 4,112,847 |  |  | $ | 4,628,949 |
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 379,658 |  |  |  | 484,013 |  |  |  | 724,250 |  |  |  | 913,142 |
Amortization of deferred financing costs |  |  | 19,302 |  |  |  | 22,237 |  |  |  | 37,958 |  |  |  | 44,473 |
Referral fees |  |  | 1,646 |  |  |  | 1,523 |  |  |  | 5,611 |  |  |  | 1,667 |
General and administrative expenses |  |  | 495,150 |  |  |  | 437,785 |  |  |  | 925,757 |  |  |  | 891,355 |
Income tax expense |  |  | 1,300 |  |  |  | 1,210 |  |  |  | 1,300 |  |  |  | 1,210 |
Other income |  |  | (4,500 | ) |  |  | (4,500 | ) |  |  | (9,000 | ) |  |  | (9,000 | )
Net income |  | $ | 1,152,647 |  |  | $ | 1,412,968 |  |  | $ | 2,426,971 |  |  | $ | 2,786,102 |

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